House Flipping Report
Neighborhood Data
Lopez Island, WA 98261
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Lopez Island, WA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in San Juan County , we've been able to rank it against its peer counties within Washington. To provide an even fuller picture, we also ranked Washington against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Washington
#21st in US
#8th in US
San Juan County
#30th in WA
#1st in WA
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 748,700
-0.01% YoY Change
Latest Monthly Sales Count
29
List Price /sqft
$466
even from last quarter
Average Home Sqft
$2,132
-0.14% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with San Juan County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Washington
7,535,591
1.48%
#13th in US
San Juan County
17,128
2.41%
#32nd in WA
98261
2,383
#47th in WA
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 41206
[country] => USA
[zip] => 98261
[city] => Lopez Island
[state] => Washington
[state_abbr] => WA
[county] => San Juan
[dma] => 819
[latitude] => 48.5069
[longitude] => -122.909
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 98261
[zip_name] => lopez island, wa
[flag] => *
[median_listing_price] => 675049
[median_listing_price_mm] => -0.069
[median_listing_price_yy] =>
[active_listing_count] => 17
[active_listing_count_mm] => -0.2273
[active_listing_count_yy] =>
[median_days_on_market] => 114.5
[median_days_on_market_mm] => 0.0905
[median_days_on_market_yy] =>
[new_listing_count] => 0
[new_listing_count_mm] =>
[new_listing_count_yy] =>
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] =>
[price_reduced_count_yy] =>
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 466
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.6022
[median_square_feet] => 2132
[median_square_feet_mm] => -0.0501
[median_square_feet_yy] => -0.1388
[average_listing_price] => 1007382
[average_listing_price_mm] => 0.0327
[average_listing_price_yy] => 0.1619
[total_listing_count] => 17
[total_listing_count_mm] => -0.2273
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => -0.0714
[RegionID] => 99670
[RegionName] => 98261
[State] => WA
[Metro] =>
[County] => San Juan County
[City] => Eastsound
[SizeRank] => 120
[Zhvi] => 600900
[MoM] => 0.00434565
[QoQ] => -0.00496771
[YoY] => -0.0108642
[5Year] => 0.0592121
[10Year] => 0.0218912
[PeakMonth] => 2018-10
[PeakQuarter] => 2018-Q4
[PeakZHVI] => 612600
[PctFallFromPeak] => -0.0190989
[LastTimeAtCurrZHVI] => 2018-09
[flips] => 4739
[purchase_price] => 239763
[resale_price] => 357337
[gross_margin] => 117575
[flipcount_rank] => 21
[flipmargin_rank] => 8
[counties] => 39
[zip_population] => 2383
[zip_rank] => 347
[state_population] => 7535591
[state_rank] => 13
[state_difference] => 1.483536
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,581500,602000,602000,606000,605500,578000,576500,563000,605500,587000,625000,639000,624500,639000,635750,585000,585000,585000,575000,610000,627000,625000,595000,651500,595000,649000,607500,607500,649000,657500,678500,695000,695000,650000,650000,625000,625000,625000,644450,625000,595000,630500,636000,630500,595000,549000,595000,603000,637000,635500,589000,638000,672000,695000,672000,7.00E+05,737000,747475,727000,745000,729000,727000,7.00E+05,715000,695000,695000,696250,698950,699950,699900,698000,7.00E+05,699900,696000,697500,699900,712500,761850,775000,761850,748700"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] => 581500
[40] => 602000
[41] => 602000
[42] => 606000
[43] => 605500
[44] => 578000
[45] => 576500
[46] => 563000
[47] => 605500
[48] => 587000
[49] => 625000
[50] => 639000
[51] => 624500
[52] => 639000
[53] => 635750
[54] => 585000
[55] => 585000
[56] => 585000
[57] => 575000
[58] => 610000
[59] => 627000
[60] => 625000
[61] => 595000
[62] => 651500
[63] => 595000
[64] => 649000
[65] => 607500
[66] => 607500
[67] => 649000
[68] => 657500
[69] => 678500
[70] => 695000
[71] => 695000
[72] => 650000
[73] => 650000
[74] => 625000
[75] => 625000
[76] => 625000
[77] => 644450
[78] => 625000
[79] => 595000
[80] => 630500
[81] => 636000
[82] => 630500
[83] => 595000
[84] => 549000
[85] => 595000
[86] => 603000
[87] => 637000
[88] => 635500
[89] => 589000
[90] => 638000
[91] => 672000
[92] => 695000
[93] => 672000
[94] => 7.00E+05
[95] => 737000
[96] => 747475
[97] => 727000
[98] => 745000
[99] => 729000
[100] => 727000
[101] => 7.00E+05
[102] => 715000
[103] => 695000
[104] => 695000
[105] => 696250
[106] => 698950
[107] => 699950
[108] => 699900
[109] => 698000
[110] => 7.00E+05
[111] => 699900
[112] => 696000
[113] => 697500
[114] => 699900
[115] => 712500
[116] => 761850
[117] => 775000
[118] => 761850
[119] => 748700
)
)
Array
(
[county_name] => San Juan
[state] => Washington
[state_fips] => 53
[county_fips] => 53055
[dma] => 819
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 2522
[metro_region_id_zillow] =>
[fips] => 53055
[cbsa_code] =>
[population_prior] => 16725
[population] => 17128
[rank] => 32
[difference] => 2.409566517
[region_id] => 2522
[sale_counts] => "17,17,14,18,16,19,16,16,15,12,10,8,8,7,7,10,12,15,16,18,18,17,16,15,14,16,15,17,15,16,13,14,15,15,14,16,16,17,16,16,14,14,14,16,15,18,20,22,20,18,18,24,24,26,23,26,26,28,25,28,26,27,23,21,23,24,25,25,24,21,23,26,30,35,35,32,27,25,26,28,27,27,27,30,34,35,31,31,35,37,35,30,33,34,33,32,30,28,27,28,30,34,37,37,36,37,41,42,39,37,40,44,39,37,34,39,38,38,38,41,41,42,35,38,33,34,33,36,38,34,28,26,24,30,29,34,29,32,29,30,29,29"
[county] => San Juan
[flips] => 5
[purchase_price] => 513391
[resale_price] => 706561
[gross_margin] => 193170
[flipcount_rank] => 30
[flipmargin_rank] => 1
[sale_counts_exploded] => Array
(
[0] => 17
[1] => 17
[2] => 14
[3] => 18
[4] => 16
[5] => 19
[6] => 16
[7] => 16
[8] => 15
[9] => 12
[10] => 10
[11] => 8
[12] => 8
[13] => 7
[14] => 7
[15] => 10
[16] => 12
[17] => 15
[18] => 16
[19] => 18
[20] => 18
[21] => 17
[22] => 16
[23] => 15
[24] => 14
[25] => 16
[26] => 15
[27] => 17
[28] => 15
[29] => 16
[30] => 13
[31] => 14
[32] => 15
[33] => 15
[34] => 14
[35] => 16
[36] => 16
[37] => 17
[38] => 16
[39] => 16
[40] => 14
[41] => 14
[42] => 14
[43] => 16
[44] => 15
[45] => 18
[46] => 20
[47] => 22
[48] => 20
[49] => 18
[50] => 18
[51] => 24
[52] => 24
[53] => 26
[54] => 23
[55] => 26
[56] => 26
[57] => 28
[58] => 25
[59] => 28
[60] => 26
[61] => 27
[62] => 23
[63] => 21
[64] => 23
[65] => 24
[66] => 25
[67] => 25
[68] => 24
[69] => 21
[70] => 23
[71] => 26
[72] => 30
[73] => 35
[74] => 35
[75] => 32
[76] => 27
[77] => 25
[78] => 26
[79] => 28
[80] => 27
[81] => 27
[82] => 27
[83] => 30
[84] => 34
[85] => 35
[86] => 31
[87] => 31
[88] => 35
[89] => 37
[90] => 35
[91] => 30
[92] => 33
[93] => 34
[94] => 33
[95] => 32
[96] => 30
[97] => 28
[98] => 27
[99] => 28
[100] => 30
[101] => 34
[102] => 37
[103] => 37
[104] => 36
[105] => 37
[106] => 41
[107] => 42
[108] => 39
[109] => 37
[110] => 40
[111] => 44
[112] => 39
[113] => 37
[114] => 34
[115] => 39
[116] => 38
[117] => 38
[118] => 38
[119] => 41
[120] => 41
[121] => 42
[122] => 35
[123] => 38
[124] => 33
[125] => 34
[126] => 33
[127] => 36
[128] => 38
[129] => 34
[130] => 28
[131] => 26
[132] => 24
[133] => 30
[134] => 29
[135] => 34
[136] => 29
[137] => 32
[138] => 29
[139] => 30
[140] => 29
[141] => 29
)
)